However, the county was only recently notified that there is now zero hope of recovering any money and that the current write-off is on installations that were still in Quattro’s name. It also includes one year’s worth of non-payment penalties.

Quattro Exploration is due to have all of its remaining debts — after one financial creditor received a small amount of funds — cancelled and all monitoring and work by the receiver halted through a court order. The date for that final discharge was supposed to be Oct. 25, but has been delayed by the court for an unknown reason.

A number of the oil and gas assets owned by Quattro have been handed over to more than a dozen companies during the bankruptcy process. However, a number of other oil and gas sites remain abandoned.